CNN Latino Shutting Down a Year After Launch

CNN Latino is shutting down just a year after its launch, the network announced Wednesday.

The eight-hour syndicated news and entertainment block in Spanish-language it provided to local stations will end later this month.

"CNN Latino was a bold effort to continue CNN's commitment to the U.S. Hispanic marketplace. Unfortunately, despite the great efforts of many talented people, CNN Latino was not able to fulfill our business expectations and we are discontinuing the programming this month," a CNN spokesperson said in a statement.

An unknown number of staffers will lose their jobs.

CNN Latino debuted as part of Time Warner 's effort to create a national television network in Spanish. Their goal was to reach 65 percent of U.S. Hispanic households through a series of alliances with premium membership in specific markets, with a high local content programming.